Font size:
Site colours:
Phone number for shareholders: 8–800–700–03–70
(JSC VTB Registrator, free call in Russia)
Bolshaya Pirogovskaya ulitsa, 27 building 2, Moskva, Russia, 119435  ·   +7 (495) 664–88–40   ·  office@interrao.ru

Previous material:

PJSC Inter RAO Published RAS reporting for 2020

Inter RAO Group's Suppliers of Last Resort Announce RAS Financial Results for the Twelve Months of 2020

11 February 2021

* Reports are available for the following sales subsidiaries with the status of supplier of last resort: Moscow Energy Sales Company (MESC), St. Petersburg Energy Sales Company (PSC), Saratovenergo, Altai Energy Sales Company (Altai ESC), Tomsk Energy Sales Company (Tomsk ESC), Tambov Energy Sales Company (Tambov ESC) and LLC Power Supply Company of Bashkortostan (Bashkortostan ESC).

The following key factors determined changes in operating and financial results of suppliers of last resort within Inter RAO Group:

  • Higher air temperatures in the winter months of 2020 and the suspension of business operations due to the lockdown imposed to prevent the spread of COVID-19 in Q2, 2020;
  • Increase in new subscribers due to transition of residents to direct payments to suppliers of last resort and commissioning of residential buildings;
  • Increase in average prices due to the indexation of tariffs by the decision of the regulatory authorities;
  • Increase in average prices for the capacity purchase.

Operating and financial results of suppliers of last resort:

Indicator* MESC PSC
12M2020 %, YoY 12M2020 %, YoY

Revenue

372.8

0.7%

131.1

(15.2%)

Operating costs

365.6

1.0%

129.4

(14.8%)

Sales profit

7.3

(15.5%)

1.6

(38.2%)

Net income

4.1

3.9%

2.1

18.3%

Electricity sales by volume, billion kWh

86.7

(1.9%)

29.0

(21.5%)

* billion rubles unless stated otherwise

Indicator* Saratovenergo Altai Energy Sales Company Tomsk ESC Tambov ESC Bashkortostan ESC
12M2020 %, YoY 12M2020 %, YoY 12M2020 %, YoY 12M2020 %, YoY 12M2020 %, YoY

Revenue

22.2

(0.9%)

14.7

0.2%

15.0

4.7%

6.9

3.7%

42.0

(0.3%)

Operating costs

21.7

(0.9%)

14.0

(1.2%)

14.4

4.7%

6.7

3.1%

40.4

0.0%

Sales profit

0.5

0.2%

0.7

38.7%

0.6

4.1%

0.2

25.7%

1.6

(6.8%)

Net income

0.01

(29.5%)

0.2

(44.8%)

0.03

17.6%

0.01

x3.8

0.8

(6.7%)

Electricity sales by volume, billion kWh

5.8

(1.8%)

4.2

(2.5%)

4.6

0.5%

1.6

0.8%

13.2

(3.0%)

* billion rubles unless stated otherwise

For more details on RAS operating results of the sales subsidiaries of Inter RAO Group that are suppliers of last resort for the twelve months of 2020, please visit their official websites:

MESC PSC Saratovenergo Altai Energy Sales Company Tomsk ESC Tambov ESC Bashkortostan ESC

Press release

Press release

Press release

Press release

Press release

Press release

Press release

Reports for 12 months of 2020

Reports for 12 months of 2020

Reports for 12 months of 2020

Reports for 12 months of 2020

Reports for 12 months of 2020

Reports for 12 months of 2020

Reports for 12 months of 2020


Next material:

Russian Power Generation and Heat Production Companies of Inter RAO Group Announce RAS Financial Results for the Twelve Months of 2020
Consolidated
financial statements
prepared according to
IFRS
for 1Q of 2021
View report

Reference

Inter RAO Group is a diversified energy holding serving various segments of Russian and international electric power industry. The Group is the leading exporter and importer of electricity in Russia actively increasing electricity generation and sales, and developing new lines of business.

The corporate strategy of Inter RAO is focused on making Inter RAO a global energy enterprise, a key player in the global energy market, and Russia's leading electric utility by energy efficiency. Inter RAO Group owns and operates approximately 30.8 GW of installed power generation capacity.

www.interrao.ru